burnabynorth TOWNHOME-APRIL 202
SALESTO LISTINGSRATIO 52% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 18% VS2021
▲ 24% VS2021
▼ 56% VS2021
▼ 76% VS2021
Therewere23townhomelistingsinBurnabyNorthin April,44%aboveMarchand57%lowerthanApril2021. Apriltownhomesalesdecreasedby64% month-over-month,to12,andwere76%belowApril 2021. Thesales-to-listingratiofortownhomesinBurnaby North,at52%,reflectedaselers'market. ThetownhomemedianpriceinAprilwas$989,400,a4% increasefromMarchand24%aboveApril2021. Theaveragesoldpricewas$967,050,3%abovelast month;theaveragePSFsalepricewas$675,down10% tolastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
12 23
51 54
7% 18% 24% -45% -76% -57%
33 16
-10% 3% 4% -75% -64% 44%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$675 $967,050 $989,400 52%
$629 $821,330 $800,000 94%
$748 $936,237 $950,000 206%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
64
54
54
57
51
38
37
34
33
33
40
26
33
25
23
18
18
25
24
23
18
17
16
12
12
1
$989K
$950K
$919K
$905K
$896K
$883K
$857K
$847K
$800K
$789K
$775K
$750K
$750K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
8
1
100%+
4+bdrms
6
67%
8
3bdrms
13
4
50%
3
2
2bdrms
10
13%
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
0 2 n/a
8 1 13%
8 4 50%
2 3 150%
3 2 67%
2 0 n/a
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 15 ●
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